And another uptick. B/A .007/.0075

That is what I'm talking about. :) Believe in charts! :)

It appears as though the Doctor is right so far....hope to see upticks all ay long on this bad boy. We are just lacking volume at this point. You would think now would be the opportune time to hop on because of low PPS as well as a EXTREMELY thin L2.

If we have volume like yesterday, we will close at .0085.

Do you have any info for us? Did he call? I have been checking back here on a regular basis after hours just to see what your post says...lol.

Ok, while in the midst of our bad morning, I called we would close green. As you can see, I was wrong, but, I wasn't that far off. I honestly think tomorrow is going to be a good day for this stock. Forget a PR...if they got 13 backed up at this point, then I say forget them...lol. I hope they come, and tomorrow would be a KEY day to release a juicy one, but, judging by experience, it probably won't happen.

I like the little buying pressure we had there to close the day. The ask upticks, L2 is thin. Volume was good. RSI went down during the day, but ended up rising towards the end of the day. RSI is basically as low as it has been since July of 09 and it has always rebounded off this mark. All these are good things in my opinion.

But, at the end of the day, buy if you want to buy, and sell if you want to sell. I would advise against selling at this point, but, do what you gotta do. We had a strong close, I believe that when we get through .0069 tomorrow, we won't look back.

I was in at .0102 and then sold for a small loss cause saw it going downhill. I honestly didnt see it going this far down hill, but, oh well. Lol. I sold at .0095 for a small loss, but, it was worth it. I thought .0085 was about the bottom, but, now I see more clearly, and do infact see a nice reversal.

Thanks for that NEW information, and good digging.

I am in MDGC. I am not a bigtime investor because I don't have enough money to be, but, yes, I own 30,000 shares which I bought at .0085. (Basically $250 worth). Not as much as some of ya'll but, I comment because I have some kind of an idea of what I am talking about. But, if enough of you guys dont want to hear my T/A, then I will not post anymore. It isn't worth you yelling at me and calling me names...lol. I'll keep my comments to myself.

Allow me to post why I think it is turning around. First off, the ask has been at .0069 for basically the whole day (I'm pretty sure). It is the bid that is upticking. And, like I said earlier today, the bid upticking keeps us away from .006 (big ol' danger if we go below that). The volume today was good. A 5mil chunk was at the ask, and a 2 mil at the bid today. That means someone wants it. I'll tell you who it is...the MMs. Like I said earlier. They want it to run, they just wanted to get as many shares as they could at as low of a price as they could. And, I also said earlier that it is probably very thin, and this stock will be able to go and go quickly because it is thin. I don't have L2, but, I was just on drpennystock.com (thanks softballdaddy) and someone posted what the L2 looks like. Basically, it is VERY thin. I will paste it below the body of this post so you guys can see it.

Forget gut feelings right now...lol. I also agree this is the bottom. But, from a T/A standpoint, and not a gut feeling.

So, there you have it. That is why I feel as though it is about to run for us.



L2 POST FROM drpennystock.com forum:

The ask is very thin .0069 1x / .0074 1x / .085 1x / .098 1x

4MM's at the bid at .006 1x / .0061 1x/ .0062 1x / .0064 1x

Just a little push and we could see a key reversal day ...

Why do you say that?

Question: Why all the mystery? Why not inform your shareholders as to what is going on?

Might not be a question for him, but, is there any talk of updating the website/websites to appear more professional?

That has been mentioned multiple times here, and to be honest it is a concern. For the nature of the type of business this is...a sound web presence is a necessity I think.

I hope so. :) That would be some good info to have.

I personally look forward to reading your posts. You do give good unbiased info. I can't say that about everyone, but, it's all good. This is a forum. Lol. There is no need to be blame-shifting/calling names/whatever. Seriously. Let's discuss the stock, not bash each other.

In response to you softballdaddy, I have seen this volume today. There have been some big chunks, which means there are some big guns entering. My guess is it is the MMs getting good size chunks at very discounted prices (compliments of the MMs themselves...lol). Oh well. That is how it goes.

Lets hope for the reversal in the very near future so we dont dip below .006.

Well then it must be right if we have the Doctor of Penny Stocks on our side. :)

I smell a nice reversal today/tomorrow. Regardless of PR. If I am wrong and it falls below .006, then we might be in for Mr. Toads Wild Ride down...but, .006 is now our support of choice, and I am expecting a nice bounce of of it. It is good that the B/A is currently .0065/.0069 (keeps us away from .006). It could fall a little more and retest .006, but, I see the stock goign up from here.

We close green today! That will be a nice acheivement considering the mornings action. The MMs got/are still getting their cheapies, but, they want it to run...they just want to get as many cheapies as they can.

Another thing to keep in mind is that we are pretty thin, so it can run quickly! :)

Hold em. Good things are coming. Don't lose faith and sell now......

Hahaha, gotta love rumors.

Always remember my friends - T/A (Technical Analysis) preceeds news.

I'm not saying news is coming, but, judging by the T/A, it sure does look like will be coming next week. This is not me saying news will come next week, but, I'm saying the chart is looking VERY good right now!

This stock was highly manipulated the last 15 minutes of trading today...so...all the more reason to get excited because good things are ahead!

I'm officially excited to see what Monday has in store for us. Hold MDGC boys, this next week will be good to us. Not only that, but, next week will just be the beginning (going off of recent MDGC trends).

Respect

What do you drive?

Apparently it wont keep the symbol I put in...I guess you will have to manually enter MDGC, and then make it show ADX as well as the ParSar if you would like....and then you will see what I am talking about.

Mac, I'm sorry man. It appears as though you have sold at the wrong time. I am not about to say woohoo cause it is trading at .0078, lol...but rather show you the chart. Check out how nicely this stock reacts to the ADX, the RSI rising, as well as .007 being a nice support...this will go up from here and it will go up nicely. No predictions, but....that ADX is looking nice...with any luck, the ADX will cross, RSI wil continue upward, and a PR will come. Even without the PR, this stock will go up from here.

http://stockcharts.com/h-sc/ui

Verge of something huge, I cannot say. However, I can say that I like the chart. ADX is looking nice for the next 2 days for something to happen. Basically, it looks like it will bounce. .007 is a good support, so I fully expect it to bounce from here on Monday or Tuesday.

I'm gonna be bold and say we break the .0085 resis and close green today....

Here is a nice little quote:

"New IW4G Web Site launching January 2010" :)

The websites look a little cheesy to me...ok, a lot!

That quote was from:

http://iw4g.com/

He probably saw this site earlier:

http://www.imperialwimax.com/

and thought they changed it...honest mistake.

Same website I was looking at before....

I think it is a big deal. With 1mil shares, you make/less $100 with every .0001 increase/decrease.

And what di you come up with? I took a "bathroom" break and called, but only got voicemail.

I'm at work, and can't make that phone call...what is it that we were to notice/hear? Thanks!

Judging by the nature of todays trading, I would guess that L2 is looking quite thin, but, can anyone verify that? Gooster, I know you have L2. What can you tell me? Any info would be helpful. Thank you.

Let's keep those 5mil buys coming...lol.

Absolutely! A GREAT stock to hold long term. I have no questions about that. I am very impressed with the transparency, goals, current footholds, and products being sold. People don't really understand that this company is a pink stock, but this pink stock is dealing with food. Food is something you can't go without. Not only that, but this company did their DD before they started a company blindly. You can tell this because they did EVERYTHING in proper order. They are bringing in money, and now they have advertising plans, and excellent growth plans. My favorite aspect is that their goals are reachable. I know everything talks about how low-ball their goals are, but, what you guys fail to take into account is that they wont have all these supermarkets and hotels this entire year. They are going to be getting them one by one, and that means one PR at a time of good news everytime. Seriously, knowing this company and what they have, what kind of bad news can you see coming from them? I am VERY impressed with Golden Dragon Holdings, and I will be holding them for a while. I personally don't see $1 by years end, but...if you want to hold until it gets there, then good for you. Let's take baby steps at a time. We need to make .003 a rock solid support before we can be talking about .01 even. That's my 2 cents...

There are a lot of day traders in this stock right now. That is made evident by the late day sell-off (as opposed to late day rally). This stock fluctuates so much, this is a dream come true for day traders. It just went from LOD (.0023) to .0027 in a matter of 3 minutes. And, just now we hit .0028 again.

I am ok with this trading. A lot of weak hands sold their positions the last few days, so...I see this as a good sign. I personally would like to see less volatility, but...you can't have everything.

I did like how the stock reacted at the .0023 support.

Although I am not selling at these levels, I would still like to see some buy pressure in the last 10 minutes.....

I am confused...what about todays trading makes you think there will be a gap up tomorrow morning?

Would you mind copying and pasting what you are seeing on L2? Thanks in advance!